BlackRock Continental European Income Fund Class D - Accumulation (GBP)
Our view on this Fund
This fund is on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. However, this is not a recommendation to buy.
Andreas Zoellinger is due to step down as co-manager of this fund at the end of 2024 and retire from BlackRock and the fund management industry in early 2025. Until then, he’ll remain a manager alongside Brian Hall and Stuart Brown. Hall and Brown will remain co-managers after his departure.
Hall has a long track record of investing in European companies. He joined BlackRock in 2007 and has co-managed this fund since March 2021. Brown joined BlackRock and became a co-manager of this fund in July 2024. He previously spent 11 years at abrdn and has managed European income funds since January 2021.
While we’re disappointed to see Zoellinger step down from the fund, we think it’ll be left in good hands. It’ll continue to use the same investment philosophy and process.
We think the fund could work well in an investment portfolio focused on income or provide diversification to European and other global funds focused on growth. The managers also aim to provide some resilience during turbulent market periods, which could provide some balance in a more adventurous portfolio.
Our view on the sector
Performance Analysis
Investment Philosophy
Process and Portfolio Construction
Manager Track Record Based on HL Quantitative Research
This information is currently unavailable.
Fund Track Record
03/12/19 to 03/12/20 | 03/12/20 to 03/12/21 | 03/12/21 to 03/12/22 | 03/12/22 to 03/12/23 | 03/12/23 to 03/12/24 | |
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Annual return | 13.27% | 10.11% | -4.91% | 8.76% | 9.02% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.